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Development Opportunity Brochure: 10.75 Acres - Waikoloa Village, Hawai'i

FOR SALE: TMK 3-6-8-002-052
Zoning: AG-5 | Lot Size: 10.75 Acres | Offered at: $1,749,000
Location: Auwaiakeakua Pl & Paniolo Ave, Waikoloa Village, Big Island, Hawai‘i
Flexible Sale Options:
Lease with Purchase Option
Seller Financing 

PRIME LOCATION
Positioned directly adjacent to Waikoloa Village’s commercial hub and surrounded by rapidly expanding residential communities, this 10.75-acre parcel offers immediate development upside.
Bordering the Waikoloa Equestrian Center and the KTA Super Store complex
Access via paved roads: Paniolo Ave & Auwaiakeakua Pl
Located within 1 mile of the upcoming 139-unit Na Hale Makoa workforce housing project

DEVELOPMENT POTENTIAL
Current zoning: AG-5. However, adjacent parcels support RA, RM, and Commercial uses — giving this site prime potential for:
Single-family subdivision (RA-1 or RA-0.5 zoning)
Multifamily complex (RM-3/RM-5 or affordable housing)
Live/Work units abutting commercial frontage
Conceptual site yield:
Up to 30 residential lots or
A mix of 80+ multifamily units depending on zoning


 MARKET POSITIONING
Rare to find large, developable, and well-located acreage in Waikoloa Village
Potential to Rezone to RA/RD and re-sell project for $2.7M-$3.5M
Developed Residential lots in Waikoloa Village average $275K–$500K for under ½ acre
Finished homes commonly sell between $875K–$1.2M
Potential to Rezone to RM-3/RM-5 and re-sell project for $3.75-$4.3M


96738

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1 Auwaiakeakua Pl, Waikoloa Village, HI 96738

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